CORPORATIONS

CONTENTS:

• Council on Foundations - Corporate Foundations vs. Giving Programs
• Hallmark Corporate Foundation
• Hershey's Corporate Giving Program
• BlackEnterprise.com

COUNCIL ON FOUNDATIONS

What is the difference between a corporate foundation and a corporate giving program? Read this and you'll probably learn something you didn't know. The information is actually provided for those who want to give away corporate money, but it answers questions many of us have, such as:

• How much money is needed to start a corporate foundation or giving program?
• How soon after a corporate foundation is established must a grant be made?
• How does a foundation/giving program affect a company's bottom line?

. . . and more

http://www.cof.org/whatis/types/corporate/FAQ.htm

A VALENTINE FOR YOU: HALLMARK CORPORATE FOUNDATION

The foundation doesn't seem to have much of a presence on the corporate Web site, even though Hallmark is number 57 of the Top 100 Corporate Givers, according to TAFT's Corporate Giving Directory 2001. Hallmark, a privately held company, gives to a broad range of programs in the Kansas City, MO, area (home of the parent company) and in cities where major Hallmark facilities are located in GA, CT, GA, IL, KS, MO and TX.

Contact Karen Bartz, V.P., (816) 545-6906, at the Hallmark Corporate Foundation, P.O. Box 419580, MD 323, Kansas City, MO.

http://pressroom.hallmark.com/hmk_fact_sheet.html

SWEET: HERSHEY'S CORPORATE GIVING

Hershey's, headquartered in Hershey, PA, is the largest manufacturer of chocolate candy in the country. The Hershey Trust -- which benefits the Milton Hershey School for disadvantaged children -- controls 76% of the company's voting power. Cash and product contributions support a variety of other worthy causes. Emphasis is placed on the needs of communities in which the corporation employs a substantial number of people in CA, CO, CT, PA, TN, VA, Canada and Mexico. An application form for gifts over $5,000 can be downloaded from the site.

http://www.hersheys.com/about/contributions/index.html

BLACKENTERPRISE.COM

BlackEnterprise ranks the top 100 companies (in several fields) that are at least 51 percent black-owned. These companies must manufacture or own the product they sell. Brokerages, real estate and professional service firms are not eligible.

Of these types of black-owned companies: auto dealers, food and beverage services, manufacturing, media, tech, transportation, telecommunications, construction and "other," which do you think has the highest sales? Surprised me, but auto dealers, by far. Maybe one of the dealerships is near you.

http://www.blackenterprise.com/S2/PageOpen.asp?Source=BE100Tab/BE100home.htm

Beverly Goodwin